Multiple Choice Questions on What is the minimum amount of compensation fixed under the workmen rsquo s compensation act 1923 to ........... for UPSC EPFO Exam Preparation

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Multiple Choice Questions

What is the minimum amount of compensation fixed under the workmen rsquo s compensation act 1923 to ...........

Industrial Relation and labour law Labour Laws -I
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    What is the minimum amount of compensation fixed under the workmen’s compensation act, 1923 to be payable to a workman in case of death ?

    Rs.10,000

    Incorrect Answer

    Rs.25,000

    Incorrect Answer

    Rs.80,000

    Correct Answer

    Rs.100,000

    Incorrect Answer
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    Explanation:

    Death. The Workmen Compensation Act mandates the employer to pay a compensation amount equal to 50% of monthly wages (maximum monthly wage ceiling of Rs. 8000) of the deceased employee multiplied by the relevant factor, or a sum of Rs. 140,000, whichever is higher.

    By: santosh
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    Let's Discuss

    isha

    I think Instead of 50% it should be 60%.

    0 0 reply

    isha

    I think Instead of 50% it should be 60%.

    0 0 reply

    Gaurav Srivastava

    answer should be 8000

    0 0 reply

    Saroj Kumar

    140000p.a and monthly 8000

    0 0 reply

    srisailam

    compensation amt equal to 60% of monthly wages

    0 0 reply

    Kennedy Rana

    Sir there should be 60% instead of 50% if i am not wrong ,rectify me if i am wrong

    0 0 reply
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